Global Organization
Speaking after the signing ceremony, President Hakainde Hichilema said the signing of cooperation agreements between Zambia and the DRC to start manufacturing electric car batteries is key milestone towards poverty alleviation in Zambia and DRC.
The project, called the “Republic of Zambia and DRC Battery Council”, will be implemented on two sites, one in the Congolese province of Haut-Katanga and the second in Copperbelt, a border region (Zambia) particularly rich in mineral deposits, including copper.
Zambia has advanced its manufacturing sector with potential to produce car batteries. For this reason, the southern Africa country has sought for a partnership with its neighbour DRC to boost their mining and manufacturing sectors to be able to take advantage of the global demand for cobalt and lithium-ion batteries.
The two governments recently signed a memorandum of understanding; “Zambia–DRC Battery Council” which they hope will make them massive producers and refiners ofcobalt for electric vehicle batteries.
The two border states have signed a memorandum of understanding to create a joint value chain for the electric mobility and clean energy sectors. The positioning of Africa as a world leader in the manufacture of electric batteries will undoubtedly involve the Democratic Republic of Congo (DRC) and Zambia.
Mr Mulenga and Mr Kahongya in Zambia and DRC joint communique resolved that the two countries agreed to set up DRC-Zambia Battery Council to oversee the implementation of the cooperating agreement for the electric car battery value chain for the benefit of the two countries.
With their hydroelectric potential, Zambia and the DRC could make Africa the first low-emission producer of cathode precursor materials for lithium-ion batteries. This will …
Zambia, Morocco, and the Democratic Republic of Congo (DRC) are spearheading Africa''s efforts to establish the continent as a major player in the global electric …
Through this MOU, the United States will support the commitment between the Democratic Republic of Congo (DRC) and Zambia to develop jointly a supply chain for electric vehicle batteries.
With a shift from internal combustion to electric vehicles, the battery electric vehicle market is poised to grow to US$8.8 trillion by next year, 2025, and US$46 trillion by …
Zambia has advanced its manufacturing sector with potential to produce car batteries. For this reason, the southern Africa country has sought for a partnership with its neighbour DRC to …
The upcoming Zimbabwe-Zambia Energy Projects Summit, set for November 18-20, 2024, in Victoria Falls, represents a crucial turning point for energy investment in …
With their hydroelectric potential, Zambia and the DRC could make Africa the first low-emission producer of cathode precursor materials for lithium-ion batteries. This will particularly allow Felix Tshisekedi''s country to …
In December 2022, at a sideline event during the U.S.-Africa Leaders Summit in Washington, the United States signed a trilateral memorandum of understanding (MOU) with …
With a shift from internal combustion to electric vehicles, the battery electric vehicle market is poised to grow to US$8.8 trillion by next year, 2025, and US$46 trillion by …
One key initiative is the partnership between the Democratic Republic of the Congo (DRC) and Zambia to produce nickel, manganese and cobalt (NMC) battery …
This common governance framework centered on the establishment of the value chain in the electric battery and clean energy sectors will also cover the development of industrial zones in …
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Lusaka, 29th April 2022 – Zambia and the Democratic Republic of Congo (DRC) has signed a historical cooperation agreement to facilitate the development of value chain in electric battery …
Arlington, VA – Today, the U.S. Trade and Development Agency announced that is has awarded a grant to Zambia''s GreenCo Power Storage Limited (GreenCo) for a …
One key initiative is the partnership between the Democratic Republic of the Congo (DRC) and Zambia to produce nickel, manganese and cobalt (NMC) battery precursors. A precursor is an intermediate input to a …
Therefore, Zambia and the DRC agree to set up a common governance framework, called the DRC and Zambia Battery Council (DRC-ZAMBIA Battery Council), whose Executive Committee will be composed of …
At any standard, this is a major project, the investors having spent $60 million in the first phase of the project for research and development and $30 million in the second …
Renewable energy trading company, Africa GreenCo, through its subsidiary GreenCo Power Storage Limited, has entered into a Memorandum of Understanding (MOU) …
The U.S.-DRC-Zambia MOU aims to centralize the production of EV batteries in the DRC and Zambia, despite the current trend of mineral extraction happening in Africa but …
The local CGM Power Group is inviting expressions of interest from engineering, procurement and construction (EPC) firms to build a 50MW grid-connected photovoltaic (PV) …
ZAMBIA TO START CAR BATTERY MANUFACTURING BEFORE END OF 2024. May 22, 2024; Minister of Commerce, Trade and Industry, Chipoka Mulenga has said …
Zambia has advanced its manufacturing sector with potential to produce car batteries. For this reason, the southern Africa country has sought for a partnership with its neighbour DRC to boost their mining and manufacturing …
Through this MOU, the United States will support the commitment between the Democratic Republic of Congo (DRC) and Zambia to develop jointly a supply chain for electric …